- VAT taxpayers cannot issue purchase invoices to retroactively declare VAT on international goods purchases.
- This rule prevents regularizing undeclared VAT through self-issued invoices.
- The regulation aims to ensure proper VAT declaration and compliance.
- Only valid, original invoices from suppliers are acceptable for VAT credit.
- The rule targets improved tax administration and reduces tax evasion.
Source: research.ibfd.org
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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